Accounting Manager

Pay Range: $116,379.00 - $145,446.00

Remote Eligible: Hybrid

We offer a pay-for-performance compensation program including bonuses for all employees and a competitive benefits package. See https://www.cuofco.org/careers for a high-level overview of our benefits package and bonus offerings.

 

General Purpose of the Position 

Responsible for managing the day-to-day accounting operations, overseeing the month-end financial close process, establishing and maintaining internal controls, reviewing monthly reconciliations and compiling and analyzing data to be used in the accounting, regulatory reporting and financial reporting functions of the Credit Union.  This role requires multi-functional collaboration with other business leaders to resolve issues, implement and lead organizational initiatives; establish policies and procedures; and implement process changes to ensure the Credit Union operates efficiently, remains financially sound and adheres to relevant regulatory and GAAP requirements.    

ESSENTIAL DUTIES AND RESPONSIBILITIES (includes the following).  May perform other duties as requested or assigned. 

• Oversees accounting operations including: 

• Leading activities related to the month-end closing process, including journal entries, fixed assets, prepaids, and variance explanations. 

• Managing the accounting for the Credit Union’s investment and derivatives portfolios 

• Oversees accounts payable operations and ensures the Credit Union is meeting its obligations through effective vendor management, internal control structure, and adherence to the Credit Union’s policies and procedures. 

• Generates financial statement and budget variance reports 

• Ensures accurate preparation and timely submission of regulatory reports including Call Report (Form 5300), Report of Transaction Accounts, Other Deposits and Vault Cash (FR 2900), and US Census Surveys 

• Leads and mentors Accounting personnel through effective objective setting, delegation, and communication.  Fosters a culture of continuous improvement and professional growth.  Conducts meetings as necessary 

• Responsible for proper structuring, maintenance, and reconciliation of all General Ledger accounts.   

• Assists with the annual budget process and leads the budget review meetings with various organizational leaders 

• Directs the development, enhancement and implementation of accounting policies, controls, procedures, and processes designed to ensure compliance with GAAP and regulation while also promoting operational efficiency. 

• Responsible for researching compliance with new and existing technical accounting issues.  This includes evaluating the applicability and impact of changes in accounting pronouncements and, when applicable, assisting in the implementation efforts of new accounting pronouncements. 

• Compiles and analyzes financial information to support the Controller, Senior Managers and Board of Directors in making operational and strategic decisions.  Coordinates data gathering with other departments as needed. 

• Critical thinker who understands accounting processes, anticipates issues and related impacts, and identifies opportunities for improvement that can lead to process optimization 

• Ensures all accounting activities are in conformance with Generally Accepted Accounting Principles (GAAP), applicable laws, regulations and Credit Union policies/procedures.   

• Maintains the financial records of, and produces financial statements for, the Credit Union of Colorado Foundation. 

• Utilizes spreadsheets and other systems (data warehouse) to improve efficiency and effectiveness.  Works with Controller to identify and implement process improvements.   

• Assists with departmental and organizational projects as directed by the Controller. 

• Develops an overall understanding of the strategic and tactical operations of the Credit Union.  This includes understanding the needs of members, employees and the Credit Union.   

• Provides excellent service by demonstrating courtesy and personal concern for members’ and coworkers’ needs and follow-up to ensure those needs are met. 

• Adheres to all Federal and State laws and regulations applicable to the Credit Union, including the Bank Secrecy Act and OFAC. 

• Responsible for compliance with the Fair and Accurate Credit Transaction Act (FACTA), the Bank Secrecy Act (BSA) and the Anti Money Laundering Act, including monitoring for such illegal activity as it applies to this position. 

• Compiles data for auditors and examiners and provides explanations as necessary. 

 

Requirements 

EDUCATION AND EXPERIENCE 

Bachelor’s degree in accounting, a minimum of seven years prior accounting experience with at least two years in a leadership position.  Experience in the financial services industry is required; knowledge of the Jack Henry products (Symitar, ProfitStar) and Concur systems is desirable.  CPA is required.     

OTHER SKILLS AND ABILITIES   

• Technical knowledge of accounting and financial concepts, practices, procedures, and financial reports. 

• Knowledge of Microsoft Office applications (Outlook, Word, PowerPoint) and proven strong skill base in Excel.  

• Strong analytical, problem-solving and financial analysis skills, a quick learner.   

• Understanding of related regulations, statutes, and filing requirements.   

• Ability to multi-task, work independently, and meet deadlines. 

• Knowledge of the Symitar, ProfitStar, and Sage Fixed Assets, and Concur systems and other related computer applications. 
• Ability to apply oral, written and interpersonal skills that develop member, employee and volunteer confidence, respect and trust in Credit Union of Colorado and develop cooperative relationships with all levels of employees throughout the organization. 

CERTIFICATES, LICENSES, REGISRATIONS 

Certified Public Accountant (CPA) is required. 

PHYSICAL DEMANDS   

While performing the duties of this job, the employee is typically required to sit for long periods.  The employee continually is required to talk or hear. The employee is occasionally required to stand, walk, stoop and reach with hands and arms. The employee will occasionally lift and/or move up to [10] pounds.  Specific vision abilities required by this job include close vision and the ability to adjust focus.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  [Limited travel required to visit CU locations as needed.]   

 

Core Competencies 

MEMBER FOCUSED 

Seeks and uses first-hand member information to improve products and services. Acts with the member in mind. Is never satisfied. 

COOPERATION AND TEAMWORK  

Can inspire and motivate entire units or organizations. Blends people into teams when needed and leverages individuals’ strengths. Willing to balance support for organizational initiatives over own department needs. Can be counted on to exceed goals successfully. 

DECISION QUALITY  

Conveys a sense of urgency for arriving at a decision, when appropriate. Has an opinion, takes a stand. Is able to build upon other’s ideas and facts to form a better decision. 

PROBLEM SOLVING  

Seeks opportunities for different and innovative approaches to addressing problems while prioritizing urgent issues. Brings issues to closure. Challenges and supports decisions of direct reports through coaching to the best outcome. 

ACTION ORIENTED 

Overcomes procrastination through execution. Places a top priority on getting results. 

ADAPTABLE 

Embraces and drives change. Assists others through transitioning to a new state. Is self-aware of areas of opportunity and strengths. 

INNOVATION 

Creates an environment that encourages innovative solutions or improvements and fosters experimentation for the benefit of the members. Recognizes and rewards those who take initiative with new approaches and act in a creative manner. Assesses, manages and takes calculated risks to achieve goals. Constantly looks for ways to improve products, processes and infrastructure of the organization to enhance employee and member benefit. Stays abreast of current and future trends both in and outside of industry to forecast and build future business vision including on-going evaluation of future directions and associated risks.  

STRATEGIC AGILITY 

Thinks/plans strategically. Understands the organization’s vision, mission, and goals and can articulate to others. Defines/owns vision/purpose and aligns ideas to inspire others to follow. Looks to the future and adjusts strategic actions and goals based on anticipated future state.  

LEADING COURAGEOUSLY THROUGH VISION AND VALUES 

Makes decisions and acts in ways consistent with our core values; demonstrates the courage to do what is right despite personal risk or discomfort. Challenges others to make tough choices. Communicates a compelling and inspired vision or sense of core purpose and makes the vision sharable by everyone.  

MARKET KNOWLEDGE & COMPETITIVE MINDSET 

Knows the basics of the market and business context. Aware of local and national competitors. Understands the similarities and differences of our business model to other financial institutions. Brings forth ideas to keep our business competitive.  

FISCAL RESPONSIBILITY 

Fosters an environment that encourages fiscal responsibility. Maintains and applies a general understanding of financial management principles to ensure decisions are fiscally sound and responsible. Prepares and manages the budget for area of responsibility. Uses cost-benefit thinking to align priorities. Identifies cost effective approaches. Brings forward any financial concerns to the attention of Senior Management. 

 

Credit Union of Colorado is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable federal, state, or local laws. 

Please note applicants can redact any information that identifies their age, birth date, or dates of schooling on either their resume or any additional materials provided.